CHU Launches Tailored Insurance Solutions for Strata Lot Owners
CHU Launches Tailored Insurance Solutions for Strata Lot Owners
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CHU, Australia's premier strata insurance underwriting agency, has expanded its suite of insurance products to better serve the diverse needs of strata communities.
The agency now offers tailored landlord insurance and home and contents cover specifically designed for individual lot owners, regardless of who holds the association's common property policy.
This initiative provides lot owners with the flexibility to select coverage that aligns precisely with their property and occupancy circumstances.
Kimberley Jonsson, CEO of CHU, emphasized the importance of aligning insurance solutions with the unique aspects of community living. By extending their community association insurance to include lot owner homes and landlords, CHU aims to offer additional flexibility and fit-for-purpose options that cater to the specific requirements of strata residents.
The newly introduced landlord insurance covers a range of scenarios, including loss of rent, tenant default, and damage caused by tenants. This comprehensive protection ensures that property owners can safeguard their investments against unforeseen events. Similarly, the home and contents insurance is tailored to meet the needs of owner-occupiers, offering coverage for personal belongings and internal fixtures within the lot.
These product enhancements are part of CHU's broader strategy to provide holistic insurance solutions that address both common property and individual lot owner needs. By offering these tailored options, CHU reinforces its commitment to supporting the resilience and well-being of strata communities across Australia.
Published:Friday, 20th Mar 2026 Source: Paige Estritori
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Knowledgebase
Peril: A specific risk or cause of loss covered by an insurance policy, such as fire, theft, or flood.
